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Singaporeans really DAFT like what our Founding Father had defined

WangChuk

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https://sg.yahoo.com/news/singaporeans-lose-record-822-million-085442191.html

Reuters

Singaporeans lose record US$822 million to scams in 2024, police say​

Bing Hong Lok
Updated Wed, 26 February 2025 at 7:11 am SGT·1-min read

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Singaporeans lose record US$822 million to scams in 2024, police say
By Bing Hong Lok

SINGAPORE (Reuters) - Singaporeans lost a record S$1.1 billion (US$822 million) to scams last year, with cryptocurrency schemes accounting for almost a quarter of the losses, the city-state's police force said on Tuesday.

The amount lost to scams increased by 70.6% from S$651.8 million in 2023, while the number of cases rose by about 11% to 51,501, the Singapore Police Force (SPF) said in a report.

Cryptocurrency scams accounted for 24.3% of total money lost, while the e-commerce scams were the most numerous, with S$17.5 million lost in 11,665 cases.

"The majority of the cases, more than 70%, saw less than S$5,000 in losses. The increase in total amount lost was driven by a small number of cases with very high losses," the SPF said, with four cases accounting for S$237.9 million of the losses.The police said that while people aged 65 and above only made up 8.4% of scam victims, the average amount lost per victim was the highest among the various age groups.

Of the total amount lost, Singapore's Anti-Scam Command recovered more than S$182 million, the police said.

In January, Singapore passed a new law allowing police to freeze bank accounts of potential scam victims to prevent further losses.

($1 = 1.3388 Singapore dollars)

(Reporting by Bing Hong Lok)
 
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Our Goddess of White SXL will have mercy on these stupid dick and silly cunts and help them with a new law to protect scam victim from themselves;)

Live and Repent Oppie
 
Blame the PAP regime for pushing 'digital' on everything and making daft Sinkies have a child-like trust in 'authorities'. :wink:
 
fuck lah, sinkees over the decades are like sheep.......believe everything the gahment and anybody else said.....zero streetwise morons,,,,scammers' paradise
 

Free like a Singaporean: 50% of city professionals work no more than 3 days in office per week​

Michael Petraeus
Michael Petraeus
23 mins ago
flexible-singaporean-1024x538.jpg

Disclaimer: Unless otherwise stated any opinions expressed below belong solely to the author.
While many companies in America are pushing for full return to office of all of their employees for five days a week, including tech giants like Amazon, with Elon Musk recently extending his demands to all federal employees currently evaluated by his Department of Government Efficiency (DOGE), Singapore seems to be bucking the trend.

Not only did the official Tripartite Guidelines for Flexible Work Arrangements (FWA) take effect in December—a product of consultation between the government, unions and employers—but the companies themselves have embraced the hybrid work model following the pandemic.

Thanks to a survey included in Hays’ 2025 Asia Salary Guide we now know exactly how common the practice is in Singapore and several other Asian nations.

Free at work

As it turns out Singaporeans enjoy by far the most freedom of all surveyed nations, followed—surprisingly perhaps—by Japan, where nearly a fifth of professionals are permitted fully remote work (although nearly 40% are still expected to show up at the office five days a week).

In Singapore the traditional full-time arrangement applies only to a third of white-collar workers:

Image Credit: Hays
Full 66%, or two thirds, of Singaporeans are already given at least one day to work from home and for 50% that is two or more.

By comparison, 62% of mainland Chinese are expected to work as usual and even in the more liberal Hong Kong it is still a requirement for over 50% of the workforce.

Even in neighbouring Malaysia, usually considered more relaxed and less disciplined than Singapore, close to half of the workers are expected to turn up daily.

Is hybrid work here to stay?

For the time being it certainly is but employers will look closely at how companies like Amazon, Tesla or JP Morgan—which have been most vocal about full-time return to office policies—function compared to their more flexible counterparts.

CEOs opposing remote work do have a point saying that it impedes collaboration and may lead to breakdowns in teamwork, as people who fundamentally have to cooperate as a group don’t see each other often enough, don’t build relationships, and don’t communicate effectively.

This is especially true for work on complex projects where many people are involved.
 
LKY advocated for absolute power to be entrusted in the PAP, believing that only a strong and undivided authority could maintain order and prevent a return to the state of nature. He believed that S'poreans, in their natural state, are driven by self-preservation and a constant fear of losing out and death. LKY's social contract theory prioritises order and security above individual liberties. This contract involves surrendering the individual rights and freedoms of S'poreans to a sovereign power - the PAP. That is why the ruling party has always tried to fix up the Opposition, so that they can do as they please.
 
Is hybrid work here to stay?
For the time being it certainly is but employers will look closely at how companies like Amazon, Tesla or JP Morgan—which have been most vocal about full-time return to office policies—function compared to their more flexible counterparts. CEOs opposing remote work do have a point saying that it impedes collaboration and may lead to breakdowns in teamwork, as people who fundamentally have to cooperate as a group don’t see each other often enough, don’t build relationships, and don’t communicate effectively. This is especially true for work on complex projects where many people are involved.
Most work coordination seems to be done through email these days so that there is documented evidence in the event of disputes. Email communication can be done effectively from anywhere in the world - not just from the same office.
 
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